Local 817 I B T Scholarship Training Fund is a 501(c)(9) organization based in Great Neck, New York, registered in 1980, with $8,133,743 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$8.1M
▲ 95.5% vs prior year
Expenses (FY2024)
$3.6M
Net assets
$63.3M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Local 817 I B T Scholarship Training Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Local 817 I B T Scholarship Training Fund: 211 mo reserves · +56% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Local 817 I B T Scholarship Training Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Local 817 I B T Scholarship Training Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3.6M (FY2013) to $8.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
55.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$63.4M
Total liabilities
$59K
Net assets
$63.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,133,743▲95.5% | $3,600,741▲2.6% | $63,337,863▲26.9% | $63,396,971▲26.8% | 990 |
| 2023 | $4,161,097▼53.7% | $3,508,534▲5.4% | $49,911,584▲13.6% | $50,000,709▲13.7% | 990 |
| 2022 | $8,981,637▲4.1% | $3,327,747▲9.6% | $43,933,553▼0.2% | $43,972,084▼0.2% | 990 |
| 2021 | $8,627,430▲142% | $3,035,183 | $44,027,684▲24.7% | $44,057,838▲24.1% | 990 |
| 2020 | $3,571,872▼53.6% | $3,034,699▲8.2% | $35,319,842▲9.6% | $35,488,144▲9.5% | 990 |
| 2019 | $7,702,453▲24.3% | $2,804,859▲2.1% | $32,221,264▲28.2% | $32,397,630▲28.0% | 990 |
| 2018 | $6,196,669▲24.7% | $2,746,141▲12.6% | $25,132,310▲10.3% | $25,308,221▲10.1% | 990 |
| 2017 | $4,969,888▼5.5% | $2,438,863▲1.8% | $22,791,507▲19.5% | $22,994,908▲19.4% | 990 |
| 2016 | $5,259,241▼5.6% | $2,395,290▲8.0% | $19,079,686▲17.6% | $19,250,936▲12.4% | 990 |
| 2015 | $5,569,401▲32.5% | $2,216,957▲1.9% | $16,225,077▲21.4% | $17,127,672▲13.9% | 990 |
| 2014 | $4,202,567▲18.1% | $2,175,549▲7.2% | $13,365,719▲20.4% | $15,034,920▲19.3% | 990 |
| 2013 | $3,559,934 | $2,029,432▼30.0% | $11,105,020▲23.5% | $12,607,230▲20.8% | 990 |
| 2012 | — | $2,899,297▲48.0% | $8,994,289▲4.5% | $10,435,392▲20.2% | 990 |
| 2011 | — | $1,958,333▲15.0% | $8,603,511▲17.3% | $8,678,822▲18.1% | 990 |
| 2010 | — | $1,702,340 | $7,334,326 | $7,348,171 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Local 817 I B T Scholarship Training Fund (EIN 11-2602554) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.